Deal numbers
- Est. cap rate
- 3.9%
- Assumed rent, all units
- $9,000/mo
- Units
- 4
- Price per unit
- $347,000
- Est. annual NOI
- $54,000
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $102,600
- Operating expenses
- $51,300
- Net operating income
- $51,300
- Annual debt service
- $83,110
- Annual cash flow
- -$31,810
- Cash on cash return
- -9.2%
- Down payment
- $347,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 5,846 sqft
- Lot size
- 5,806 sqft
- Year built
- 1923
- Stories
- 1
- Garage spaces
- 4
- Heating
- Central
- Cooling
- None
- Pool
- None
- Status
- Active
- Days on market
- 71
- MLS #
- 243984109
About this property
Excellent Long Beach 4 Unit Investment Opportunity!!! Rare opportunity to own a well-located 4 unit income property in the desirable Long Beach area. Situated on a spacious lot, this property offers strong rental demand, stable income potential, and long-term appreciation opportunities. Conveniently located near shopping centers, restaurants, schools, parks, California State University Long Beach (CSULB), and major freeways, providing easy access to everything Long Beach has to offer. The property is also just a short drive from the beach and popular local attractions. Don't miss this rare opportunity to own a quality income property in the heart of Long Beach!
Location
-1059 Roswell
Long Beach, Los Angeles, CA, 90804